State Treasurer Fiona Ma Announces Results of $1.4 billion Bond Sale for University of California. Read more here: https://bit.ly/STOnews
California State Treasurer's Office
Government Administration
Sacramento, California 2,782 followers
State Treasurer Fiona Ma, CPA
About us
The California State Treasurer’s Office has broad responsibilities and authority in the areas of investment and finance. In addition to being the State's lead asset manager, banker and financier, the treasurer serves as chairperson or a member of numerous state boards, authorities, and commissions. Key responsibilities include: -Issuing billions of dollars of bonds annually on behalf of the State of California and its agencies to finance critical infrastructure and public works projects throughout the state. - Managing the cash liquidity needs of all state agencies and departments. - Investing idle funds for the state and local governments to help them maximize returns. - Serving on the boards of the California Public Employees' Retirement System (CalPERS) and California State Teachers' Retirement System (CalSTRS). The organizations are the largest and second-largest public pension funds in the United States and collectively manage more than three-quarters of a trillion dollars. - Serving as chair of agencies that help finance a variety of projects, including pollution and water cleanup, renewable energy, hospitals, schools, and low-income housing. - Serving as chair of several savings programs for individuals. The programs enable children and families to save for college and post-secondary education, workers to save for retirement, and people with disabilities to save without jeopardizing public benefits eligibility.
- Website
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http://www.treasurer.ca.gov/
External link for California State Treasurer's Office
- Industry
- Government Administration
- Company size
- 201-500 employees
- Headquarters
- Sacramento, California
- Type
- Government Agency
- Founded
- 1850
Locations
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Primary
Get directions
915 Capitol Mall Rm 235
Sacramento, California 95814-4801, US
Employees at California State Treasurer's Office
Updates
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Financial institutions headquartered in California may be eligible for the STO's Time Deposit Program. The program helps stimulate local economies by supporting financial institutions that serve the interest of their communities. Good rates, stable funding, and easy administration. More: https://lnkd.in/gXv84m9k
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Access to capital is the name of the game for CPCFA. Executive Director Shela Tobias-Daniel explains how the California Pollution Control Financing Authority helps finance recycling and waste facilities, small business development, and zero-emission vehicles and infrastructure. 🚚♻️ 📈 Find our conversation on YouTube. 📺 👓 https://lnkd.in/gZDSbXbT
A conversation with CPCFA Executive Director Shela Tobias-Daniel
https://www.youtube.com/
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Treasurer Ma responds to CalPERS preliminary 9.3% investment Return for 2023-24 Fiscal Year. More here: https://lnkd.in/gneeiCwk
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CalAccount Blue Ribbon Commission board meeting is July 18 at 1 pm PST. To view the agenda, click here: https://lnkd.in/gkt4vfN9
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State Treasurer Fiona Ma comments following Governor Newsom’s signature on AB 2731, which will allow tax-exempt private activity bonds for carbon dioxide capture projects. California Pollution Control Financing Authority
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“Creative solutions like CalAccount are essential to lifting up working families – especially those in underbanked Black, brown and immigrant communities. In fact, … CalAccount could put up to $3.1 billion back into the pockets of Californians annually and … generate a total of $5 billion in [economic] activity…” Read more about the CalAccount program and how it is designed to protect consumers from April Verrett and Felicia Wong in Capitol Weekly: https://lnkd.in/dYt6z5G3
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State Treasurer Fiona Ma announces $98 million in alternative energy incentives for 27 California projects. “The STE program continues to support companies that are investing in California’s future,” said Treasurer Ma. “These projects are making advancements in electric vehicles, computer technologies, batteries, and alternative sources of energy, while creating thousands of good jobs and boosting local economies throughout the state.” https://lnkd.in/gvThMMD5
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The Pooled Money Investment Board meets Wednesday, July 17 at 10AM. To view the agenda and meeting materials, see: https://lnkd.in/gFenWm3v
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